No links please

No links please If a person gains or, loses an amount equal to the number appearing when a balanced die is rolled once, according to whether the number is even or odd, how much money can he expect per game in the long run? A two unbiased dice and stands to loss 2 if he

Dear Student ,
 
Please find below the solution to the asked query :

Amount won by person be:-Rs. 1  , when die shows 1 .+ Rs. 2 , when die shows 2 .-Rs. 3  , when die shows 3 .+ Rs. 4 , when die shows 4 .-Rs. 5  , when die shows 5 .+ Rs. 6 , when die shows 6 .Let X denotes the amount won by person.Values of X =-5 , -3 , -1 , 2 , 4 , 6 P 1 appearing on die=16P 2 appearing on die=16P 3 appearing on die=16P 4 appearing on die=16P 5 appearing on die=16P 6 appearing on die=16
 
X -5 -3 -1 2 4 6
P (X) 16 16 16 16 16 16
Money he can expect per game =E X= X. PX=-516+-316+-116+216+416+616=-5-3-1+2+4+66=36=0.5    ANS...He can expext Rs 0.5 per game in the long run .
 
Hope this information will clear your doubts about the topic .
If you have any more doubts just ask here on the forum and our experts will try to help you out as soon as possible .

Regards
 

  • 0
What are you looking for?